Atico Mining (TSE:ATY) has released an update.
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Atico Mining Corporation has secured a significant investment agreement with the Ecuadorian government for the La Plata mining project, which aims to enhance Ecuador’s mining sector and economic growth through responsible mining practices. The agreement, valued over $157 million, covers various phases of the project, including exploration, development, and initial operations, while also ensuring support from the state in obtaining necessary approvals. Atico Mining’s commitment to sustainable development and environmental protection is integral to their operations in Latin America, with the La Plata project poised to become one of the highest-grade gold-copper VMS deposits in the region.
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